This will share the network with your contacts. Remember that Wi-Fi Sense never shares the password with your contacts. It always masks the password to any user to connects via Wi-Fi sense.

Keep in mind that if you are sharing the Wi-Fi network of your home, then your contacts near by your home will be able to use your Wi-Fi free of cost. Read this how to explaining on setting up hotspot sharing.

Your friend will be able to use your shared network only if he / she has enabled Wi-Fi Sense.